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Sony terminates merger with Zee

Sony on January 22 issued notice to Zee Entertainment Enterprises Ltd. (ZEEL) terminating the agreement dated December 22, 2021, to merge ZEEL and CME.

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Deadline ends Sony unlikely to stretch talks on $10-bn merger deal with Zee

The deadline for the deal, first announced in December 2021, has lapsed. Zee had sought an extension of the "good faith" negotiations last week.

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Zee s major investors seek regulatory intervention as Sony merger stalls

Investors may call for shareholders’ vote to replace the board if Punit Goenka refuses to step down

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Zee says unaware of board meeting held by Sony, reiterates commitment to merger

The media company further said it is committed to the merger with Sony and is continuing to work towards its successful closure

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